Sygna

What Sygna does

Sygna is a Japan-incorporated regulatory technology firm (Sygna Inc.) that delivers FATF Travel Rule compliance infrastructure to Virtual Asset Service Providers (VASPs) and financial institutions. The platform originated as a product line of Taiwanese blockchain security company CoolBitX (founded 2014 by Michael Ou) and consists of three modular offerings: Sygna Bridge (standalone API-based Travel Rule protocol supporting 3,000+ virtual assets), Sygna Hub (integrated AML compliance platform aggregating third-party blockchain analytics and sanction screening from Chainalysis, Elliptic, Merkle Science, Coinfirm, Dow Jones, and ComplyAdvantage), and Sygna Gate (browser-based gateway for smaller VASPs requiring no technical integration). All products are ISO/IEC 27001 certified—the first Travel Rule protocol globally to achieve this designation—and interoperable with TRISA, CipherTrace, and Veriscope on Shyft via the IVMS101 messaging standard.

The company monetizes through annual subscription licensing across its three product tiers, distributed via direct enterprise sales, the Sygna Alliance partner network (23+ VASP MOUs across Japan, Korea, Singapore, Taiwan, Switzerland, UK, Canada, Hong Kong, and South Africa as of November 2020), and API-first self-service integration with typical onboarding cycles of 2-4 weeks. Named customers include Independent Reserve, Dukascopy Bank, DigiFinex, Bitbank, MaiCoin, Bitsonic, and SBI Holdings. CoolBitX closed a $16.75M Series B in February 2020 backed by SBI Holdings and Monex Group, funding dedicated Sygna offices in Japan and Korea. In April 2026, VerifyVASP Pte. Ltd. (Singapore) acquired Sygna Inc., integrating the Sygna Alliance into VerifyVASP's Verified Network and consolidating the global Travel Rule compliance market.

Name

Sygna

Legal name

Sygna Inc.

Website

https://sygna.io

Company type

Private

Founded year

2020

Operating status

Acquired

Headcount range

11–50 employees

Short description

Sygna provides modular FATF Travel Rule compliance infrastructure for Virtual Asset Service Providers via three tiers: Sygna Bridge (API), Sygna Hub (integrated AML platform), and Sygna Gate (browser-based). Acquired by VerifyVASP in April 2026.

Ownership category

akta.pro rank

Product category

RegTech / Crypto AML Compliance Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Third-Party/Vendor Risk & Due Diligence (TPRM, continuous monitoring) (FSAGAFAJ)

akta.pro secondary industries

Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK), Cross-Border Payments & FX (multi-currency wallets, DCC, remittance) (THALAHAE)

Keywords

• Travel Rule compliance
• AML compliance software
• Crypto compliance platform
• Virtual asset compliance
• Blockchain analytics integration

Headquarters

HQ city

Taipei

HQ country

Taiwan

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. B2B SaaS Compliance Solutions: Sygna provides subscription-based compliance solutions (Hub, Gate, Bridge) to VASPs for FATF Travel Rule compliance. Revenue likely derived from licensing fees, API usage fees, and subscription plans based on transaction volume or service tier.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Sygna provides modular crypto AML compliance software for Virtual Asset Service Providers (VASPs) and financial institutions to meet FATF Travel Rule requirements. Its three products — Sygna Bridge (standalone API-based Travel Rule protocol supporting 3,000+ virtual assets), Sygna Hub (integrated AML compliance platform with third-party blockchain analytics and sanction screening), and Sygna Gate (browser-based gateway requiring no integration) — enable exchanges, banks, and crypto platforms to share originator/beneficiary KYC data and screen transactions. All products are ISO/IEC 27001 certified and interoperable with TRISA and Veriscope.

Product overview

Sygna is a modular crypto AML compliance platform developed by CoolBitX that helps Virtual Asset Service Providers (VASPs) meet global crypto regulations including FATF Travel Rule requirements. The product portfolio consists of three interconnected solutions: Sygna Bridge (standalone API-based Travel Rule protocol), Sygna Hub (comprehensive integrated AML compliance dashboard with third-party blockchain analytics), and Sygna Gate (browser-based version of Hub requiring no integration). All products share common integrations with leading blockchain analytics providers (Chainalysis, Elliptic, Merkle Science, Coinfirm, Dow Jones, ComplyAdvantage) and interoperable Travel Rule protocols (TRISA, Veriscope). Sygna operates through the Sygna Alliance network where members can share compliance data across borders. All Sygna products are ISO/IEC 27001 certified.

Differentiator

Problem solved

Functional benefit

Brands

• Sygna Bridge: The standalone API-based Travel Rule protocol for VASPs to share AML-required Recommendation 16 transaction information. Supporting over 3,000 virtual assets, independently assessed by Singapore's ACCESS association.
• Sygna Hub
• Sygna Gate
• Sygna Alliance

Products and services

• Sygna Bridge Standalone API-based Travel Rule protocol that enables Virtual Asset Service Providers (VASPs) to share AML-required FATF Recommendation 16 originator and beneficiary transaction information. Supports over 3,000 virtual assets and is interoperable with TRISA and Veriscope. First Travel Rule protocol to receive ISO/IEC 27001 certification.
• Sygna Hub Comprehensive integrated AML compliance platform for VASPs providing third-party AML tools and services on a single dashboard. Includes integrated blockchain analytics and sanction screening from Chainalysis, Elliptic, Merkle Science, Coinfirm, Dow Jones, and ComplyAdvantage, plus Sygna Bridge Travel Rule protocol with interoperability to TRISA and Veriscope on Shyft.
• Sygna Gate Browser-only integrated AML compliance gateway for VASPs requiring no technical integration. A manual version of Sygna Hub with the same blockchain analytics, sanction screening, and Travel Rule protocol integrations, designed for smaller VASPs.

Quantifiable outcome

• 23 VASPs signed MOUs as of November 2020
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

Feature5 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• TRISA (Travel Rule Information Sharing Architecture)coreTechnology or IntegrationTRISA and Sygna announced full interoperability between their respective Travel Rule solutions. Sygna Bridge customers can send Travel Rule compliance messages to TRISA members and vice versa. This enables cross-platform compliance messaging and VASP authentication.
• Shyft NetworkcoreTechnology or IntegrationSygna and Shyft partnered to enhance Travel Rule interoperability and crypto industry AML compliance. Sygna Bridge is interoperable with Veriscope on Shyft.
• EllipticcoreTechnology or IntegrationElliptic partnered with Sygna to address FATF's Travel Rule and provide blockchain analytics for AML compliance. Sygna Hub and Gate integrate Elliptic's sanction screening capabilities.
• ChainalysiscoreTechnology or IntegrationSygna and Chainalysis announced AML compliance partnership. Sygna Hub integrates Chainalysis blockchain analytics and sanction screening features.
• CoinfirmcoreTechnology or IntegrationSygna integrated Coinfirm's AML into its modular platform for holistic crypto compliance. Coinfirm provides blockchain analytics integrated into Sygna Hub and Gate.
• Dow Jones Risk & CompliancecoreTechnology or IntegrationSygna partnered with Dow Jones Risk & Compliance for enhanced sanction screening. Dow Jones provides sanction screening capabilities integrated into Sygna Hub and Gate.
• ComplyAdvantagecoreTechnology or IntegrationSygna Bridge and ComplyAdvantage partnered for FATF-adhering identification of sanction lists. ComplyAdvantage provides AML data integrated with Sygna Gate.
• CipherTrace (TRISA)coreTechnology or IntegrationCoolBitX and CipherTrace announced interoperability POC between Sygna Bridge and TRISA Travel Rule solutions. Sygna Bridge is interoperable with CipherTrace's TRISA protocol.
• Joint Working Group (JWG)coreStrategic or Co-development PartnerSygna participated in the Joint Working Group coalition including Global Digital Finance, Chamber of Digital Commerce, and IDAXA to establish the IVMS101 universal messaging standard for Travel Rule compliance.
• SumsubminorStrategic or Co-development PartnerSygna participated in a webinar organized by Sumsub alongside RedotPay and the Indonesia Blockchain and Crypto Asset Association to outline Travel Rule compliance obligations in Indonesia.
• CoolBitXcoreOthersCoolBitX is the parent company of Sygna. CoolBitX founded in 2014 by Michael Ou, backed by SBI Holdings and Monex Group, developed the Sygna Bridge Travel Rule solution as part of its regulatory compliance product line.

Scale indicators5 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• VerifyVASP: VerifyVASP is the direct Travel Rule counterpart that acquired Sygna in April 2026. Both operate VASP-to-VASP Travel Rule messaging networks with memberships across exchanges and financial institutions globally.
• Notabene: Notabene is a leading Travel Rule compliance platform for VASPs, offering counterparty due diligence and transaction messaging across IVMS101 — directly competing head-to-head with Sygna Bridge for global VASP Travel Rule mandates.
• TRISA (CipherTrace / Mastercard): TRISA is the open-source Travel Rule Information Sharing Architecture built by CipherTrace (now Mastercard), one of the protocols Sygna explicitly interoperates with via its Bridge integration — a direct protocol-level peer.
• Shyft Network (Veriscope): Shyft Network operates Veriscope, a competing Travel Rule solution that Sygna Bridge interoperates with. Both serve VASPs seeking FATF Travel Rule compliance via consortium-based messaging.

Emerging players

• 21 Analytics: 21 Analytics provides Travel Rule and IVMS101 implementation tooling for VASPs and financial institutions, including originator/beneficiary data routing. Comparable niche overlap with Sygna Bridge for cross-border messaging.
• Solidus Labs: Solidus Labs offers crypto-native AML, transaction monitoring, and market integrity tools targeting exchanges and VASPs — overlapping with the broader Hub value proposition around integrated AML compliance.

Broad incumbents

• Sumsub: Sumsub is a full-stack identity verification and AML/KYC platform expanding into crypto compliance and Travel Rule; it competes with Sygna Hub's broader AML dashboard positioning via its own KYC, sanctions, and transaction monitoring stack.
• Chainalysis: Chainalysis is a leading blockchain analytics and AML compliance platform integrated INTO Sygna Hub, but also competes at the broader crypto compliance orchestration layer that Sygna's full platform targets.
• Elliptic: Elliptic provides blockchain analytics and AML compliance for VASPs and financial institutions — integrated into Sygna Hub as a vendor but also competing for higher-value compliance orchestration engagements.

Others

• ComplyAdvantage: ComplyAdvantage is integrated as a sanctions screening provider within Sygna Gate/Hub; it is also an ecosystem partner in the Travel Rule vendor stack and competes in adjacent AML data and adverse media screening.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Sygna_

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sygna